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Rescue plan needed for ailing high streets as East Kilbride town centre dealt double blow

Britain city East Kilbride Coronavirus pandemic voice Town

10.12.2020 - 09:17

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dailyrecord.co.uk

dailyrecord.co.uk:

East Kilbride town centre was dealt a double blow. Liquidators have been called in to Debenhams after a last last-ditch efforts failed in a bitter blow for staff at the Centre West store just weeks before Christmas.Debenhams fell into administration for the second time in April and hopes had rested on a rescue bid from JD Sports.Sign up for the new Lanarkshire newsletter!From the latest breaking news to the agenda-setting stories, get it all in your email inbox.Put your email at the top of this article or follow the instructions on this link.But administrators said the outlook for a restructured operation was “highly uncertain” and they had therefore “regretfully concluded” that they should start winding down Debenhams UK, while continuing.

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